[Ranking] TOP 25 Intermodal Freight / Logistics Companies Q3/2023
Intro
The intermodal freight industry, a sub-industry of logistics, plays a critical role in the worldwide economy. It serves as the backbone of global trade, connecting manufacturers, suppliers, and consumers across continents. By seamlessly integrating multiple modes of transportation, such as rail, trucking, and shipping, intermodal freight enables the efficient movement of goods on a massive scale.
With its profound influence, the intermodal freight industry has far-reaching ripple effects across diverse sectors. It enables businesses to expand their markets, reach new customers, and optimize their supply chains. Moreover, it drives economic growth by supporting job creation, fostering investments in infrastructure, and stimulating trade. The industry's ability to connect disparate regions and industries has become increasingly vital in our interconnected world.
The economic magnitude of the intermodal freight industry is staggering, and its upward trajectory shows no signs of slowing down. As global trade continues to expand, the demand for efficient transportation and logistics solutions is skyrocketing. The industry is projected to grow significantly in the coming years, driven by factors such as increasing consumer demand, the rise of e-commerce, and the globalization of supply chains.
In recent years, the intermodal freight industry has witnessed notable trends, breakthroughs, and obstacles that are reshaping its landscape. The emergence of digital technologies, such as blockchain and artificial intelligence, is revolutionizing supply chain management and enhancing visibility, transparency, and efficiency. Sustainability and environmental concerns have also become key considerations, prompting the industry to explore greener transportation options and reduce its carbon footprint.
The intermodal freight industry is in a constant state of evolution, responding to changing market dynamics and technological advancements. The rise of e-commerce, the increasing importance of last-mile delivery, and the ongoing globalization of supply chains are transforming the way goods are transported. Against this backdrop, exploring the top companies in the intermodal freight industry can provide valuable insights into the strategies, innovations, and best practices driving the success of this dynamic sector.
Ranking
#25 Matson Inc
Employees: 1.6K
Revenue: 2.3B$
Website: https://www.matson.com/
Description: Matson Inc is a logistics company operating in the Intermodal Freight industry. Headquartered in Honolulu, United States, Matson has been in operation since 1882. With a workforce of approximately 1.6 thousand employees, Matson generates an annual revenue of around 2.3 billion dollars. The company specializes in providing intermodal freight transportation services, offering a comprehensive network that includes ocean transportation, inland transportation, and logistics services. Matson's expertise in logistics enables them to efficiently manage the movement of goods across various modes of transportation, ensuring timely and reliable delivery for their clients. With a strong presence in the North American market, Matson continues to play a significant role in the logistics industry, supporting the global supply chain with their innovative and customer-centric solutions.
#24 Yusen Logistics Co Ltd
Employees: 24K
Revenue: 2.5B$
Website: https://www.yusen-logistics.com/
Description: Yusen Logistics Co Ltd is a leading player in the intermodal freight industry, providing comprehensive logistics solutions to its clients. Headquartered in Tokyo, Japan, the company has a strong presence in Asia and operates globally. With a history dating back to 1955, Yusen Logistics has established itself as a trusted and reliable partner for businesses involved in the transportation and distribution of goods. The company offers a wide range of services including freight forwarding, warehousing, customs brokerage, and supply chain management. With a workforce of approximately 24,000 employees, Yusen Logistics is committed to delivering efficient and cost-effective logistics solutions to its customers. With annual revenue of 2.5 billion dollars, the company continues to expand its operations and provide innovative logistics solutions in the intermodal freight industry.
#23 Yang Ming Marine Transport Corp
Employees: 8K
Revenue: 4B$
Website: https://www.yangming.com
Description: Yang Ming Marine Transport Corp, headquartered in Keelung, Taiwan, is a leading player in the intermodal freight industry. With a rich history dating back to its founding in 1972, Yang Ming has established itself as a trusted provider of logistics solutions. The company operates a comprehensive network of container shipping services, connecting major ports across Asia, Europe, North America, and the Mediterranean. Yang Ming's fleet of modern vessels ensures efficient and reliable transportation of goods, catering to the diverse needs of its global clientele. With a workforce of approximately 8,000 employees, Yang Ming continues to drive innovation and deliver exceptional services that contribute to the growth and success of the logistics industry.
#22 YRC Worldwide Inc
Employees: 29K
Revenue: 5B$
Website: https://www.yrcw.com
Description: YRC Worldwide Inc is a leading company in the Intermodal Freight industry. Headquartered in Overland Park, United States, it operates primarily in North America. With a history dating back to 1924, YRC Worldwide Inc has established itself as a prominent player in the logistics sector. The company boasts a workforce of approximately 29,000 employees, dedicated to providing efficient and reliable freight transportation services. YRC Worldwide Inc generates an impressive annual revenue of 5 billion dollars, solidifying its position as a major contributor to the industry. Through its extensive network and advanced logistical capabilities, the company plays a crucial role in facilitating the movement of goods across various modes of transportation, ensuring timely deliveries and customer satisfaction.
#21 ZTO Express (Cayman) Inc
Employees: 150K
Revenue: 6.2B$
Website: https://www.zto.com
Description: ZTO Express (Cayman) Inc, headquartered in Shanghai, China, is a leading player in the intermodal freight industry within the logistics sector. Established in 2002, the company has grown to employ approximately 150,000 individuals. With revenues of 6.2 billion USD, ZTO Express specializes in providing comprehensive logistics solutions, leveraging its extensive network and advanced technology. The company focuses on offering efficient and reliable intermodal freight services, connecting various transportation modes such as road, rail, and air to optimize supply chain operations. ZTO Express is committed to delivering exceptional customer service and continues to expand its market presence in Asia and beyond.
#20 Sinotrans Limited
Employees: 45K
Revenue: 6.2B$
Website: https://www.sinotrans.com
Description: Sinotrans Limited is a leading company in the intermodal freight industry, operating in the logistics sector. Headquartered in Beijing, China, Sinotrans has been providing comprehensive logistics services since its establishment in 1950. With a workforce of approximately 45,000 employees, Sinotrans plays a vital role in facilitating the transportation of goods across various modes, including air, sea, and land. The company's extensive network and expertise enable efficient and reliable freight forwarding, warehousing, supply chain management, and other related services. Sinotrans has achieved significant revenue growth, with an estimated annual revenue of 6.2 billion dollars, positioning itself as a prominent player in the global logistics market.
#19 Expeditors International Of Washington Inc
Employees: 18K
Revenue: 6.3B$
Website: https://www.expeditors.com
Description: Expeditors International Of Washington Inc, headquartered in Seattle, United States, is a prominent player in the Intermodal Freight industry. Established in 1979, the company has grown to become a leading logistics provider, specializing in global supply chain management. With a workforce of approximately 18,000 employees, Expeditors International offers a wide range of services, including air and ocean freight forwarding, customs brokerage, and warehousing. The company's dedication to customer satisfaction and operational excellence has contributed to its impressive annual revenue of 6.3 billion dollars. Through its comprehensive logistics solutions, Expeditors International helps businesses navigate the complexities of international trade and optimize their supply chain operations.
#18 Expeditors International Of Washington Inc
Employees: 18K
Revenue: 6.7B$
Website: https://www.expeditors.com
Description: Expeditors International Of Washington Inc is a global logistics company based in Seattle, United States. Founded in 1979, the company operates in the intermodal freight industry. With a workforce of 18,000 employees, Expeditors International provides a wide range of services including air and ocean freight consolidation, customs brokerage, order management, and warehousing. The company focuses on delivering integrated logistics solutions to its clients, optimizing their supply chains and ensuring the efficient movement of goods across different modes of transportation. Expeditors International has established a strong presence in the logistics industry and has achieved annual revenue of 6.7 billion dollars.
#17 Ceva Logistics
Employees: 78K
Revenue: 7.2B$
Website: https://www.cevalogistics.com/
Description: Ceva Logistics, based in Hoofddorp, Netherlands, is a prominent player in the Intermodal Freight industry. With a strong presence in Europe, Ceva Logistics offers a wide range of logistics services including transportation, warehousing, and supply chain management. The company was founded in 2007 and has since grown to employ approximately 78,000 individuals globally. Ceva Logistics generates an impressive annual revenue of 7.2 billion dollars, making it a key player in the industry. With its extensive network and expertise, Ceva Logistics provides efficient and reliable logistics solutions to meet the complex demands of the intermodal freight sector.
#16 Panalpina World Transport Ltd
Employees: 14.5K
Revenue: 8.4B$
Website: https://www.panalpina.com/
Description: Panalpina World Transport Ltd is a global leader in the intermodal freight industry, operating in the logistics sector. Headquartered in Basel, Switzerland, the company was founded in 1935. With a workforce of 14.5K employees, Panalpina provides comprehensive freight forwarding and supply chain management services to customers worldwide. The company's revenue reached 8.4 billion US dollars, solidifying its position as a major player in the industry. Panalpina offers tailored solutions for air, ocean, and road transportation, as well as warehousing and distribution services. Their extensive network and expertise enable them to optimize the flow of goods, ensuring efficient and reliable delivery for their clients. Through their innovative approach and commitment to customer satisfaction, Panalpina continues to drive the growth and success of the intermodal freight industry.
#15 J.B. Hunt Transport Services Inc
Employees: 29K
Revenue: 9.7B$
Website: https://www.jbhunt.com
Description: J.B. Hunt Transport Services Inc is a leading player in the Intermodal Freight industry. Headquartered in Lowell, United States, the company was founded in 1961. With a workforce of approximately 29,000 employees, J.B. Hunt operates a robust intermodal transportation network that seamlessly combines rail and trucking services to meet the logistics needs of its customers. The company's website, https://www.jbhunt.com, provides comprehensive information about its range of services, including dedicated contract services, final mile delivery, and truckload transportation. J.B. Hunt has achieved significant success in the industry, generating an impressive revenue of 9.7 billion dollars.
#14 COSCO SHIPPING Development Co Ltd
Employees: 30K
Revenue: 9.8B$
Website: https://en.coscoshipping.com/
Description: COSCO SHIPPING Development Co Ltd is a leading company in the intermodal freight industry. Headquartered in Shanghai, China, the company operates globally to provide comprehensive logistics solutions. With a workforce of approximately 30,000 employees, COSCO SHIPPING Development offers a wide range of services including container shipping, terminal operations, logistics management, and supply chain solutions. Since its establishment in 1997, the company has achieved significant growth and success, generating a revenue of 9.8 billion US dollars. Through its extensive network and advanced technology, COSCO SHIPPING Development continues to play a pivotal role in facilitating efficient and reliable transportation of goods across the globe.
#13 China Railway Container Transport Corp
Employees: 100K
Revenue: 10B$
Website: https://www.crc.com.cn
Description: China Railway Container Transport Corp is a leading player in the intermodal freight industry. Headquartered in Beijing, China, the company has a strong presence in the Asian market. With a history dating back to 1951, China Railway Container Transport Corp has established itself as a trusted and reliable partner in logistics. The company operates a vast network of container transportation services, providing seamless connectivity between rail, road, and sea. With over 100,000 employees, China Railway Container Transport Corp handles a significant volume of freight, contributing to its impressive revenue of 10 billion dollars. Through its innovative solutions and commitment to customer satisfaction, the company continues to be a driving force in the intermodal freight industry.
#12 Cosco Shipping Holdings Co Ltd
Employees: 12K
Revenue: 16B$
Website: https://en.coscoshipping.com/
Description: Cosco Shipping Holdings Co Ltd, headquartered in Shanghai, China, is a leading player in the intermodal freight industry. The company was founded in 2016 and currently employs approximately 12,000 people. With annual revenue of 16 billion US dollars, Cosco Shipping Holdings operates a comprehensive logistics network that spans across Asia and the globe. The company specializes in providing efficient and reliable transportation services, utilizing various modes of transportation including sea, air, and land. Cosco Shipping Holdings plays a vital role in facilitating global trade by ensuring the smooth movement of goods and cargo across different regions. Through its extensive network and state-of-the-art infrastructure, the company continues to contribute significantly to the growth and development of the logistics industry.
#11 Nippon Express Co Ltd
Employees: 46K
Revenue: 16.2B$
Website: https://www.nipponexpress.com/
Description: Nippon Express Co Ltd, headquartered in Tokyo, Japan, is a leading player in the intermodal freight industry. With a history dating back to 1937, the company has established itself as a trusted provider of logistics services. Nippon Express operates a comprehensive network of transportation and warehousing facilities, offering seamless solutions for the transportation of goods across various modes including sea, air, and land. With a workforce of approximately 46,000 employees, the company is dedicated to delivering efficient and reliable logistics solutions to its wide range of clients. Nippon Express generates substantial revenue, with an estimated annual revenue of 16.2 billion US dollars.
#10 C.H. Robinson Worldwide Inc
Employees: 15K
Revenue: 16.6B$
Website: https://www.chrobinson.com
Description: C.H. Robinson Worldwide Inc, headquartered in Eden Prairie, United States, is a leading player in the intermodal freight industry. With a rich history dating back to 1905, the company has established itself as a key logistics provider in North America. C.H. Robinson operates a vast network of transportation services, leveraging technology and expertise to connect shippers and carriers seamlessly. The company offers end-to-end supply chain solutions, including truckload, less-than-truckload, air, ocean, and rail transportation. C.H. Robinson's innovative approach and commitment to customer satisfaction have contributed to its success in generating an impressive revenue of 16.6 billion dollars annually. With a workforce of 15,000 employees, C.H. Robinson continues to drive efficiency and reliability in the intermodal freight industry.
#9 XPO Logistics Inc
Employees: 100K
Revenue: 17B$
Website: https://www.xpo.com
Description: XPO Logistics Inc, based in Greenwich, Connecticut, is a leading player in the Intermodal Freight industry. With a workforce of approximately 100,000 employees, the company provides a wide range of logistics services including transportation, warehousing, and supply chain management. XPO Logistics operates primarily in North America, offering innovative solutions to meet the evolving needs of its customers. The company has established a strong presence in the intermodal freight sector, providing efficient and cost-effective transportation solutions that integrate multiple modes of transport, such as rail, trucking, and shipping. XPO Logistics has achieved significant growth since its founding in 1989, generating an impressive annual revenue of 17 billion dollars.
#8 DHL International GmbH
Employees: 550K
Revenue: 17.4B$
Website: https://www.dhl.com
Description: DHL International GmbH, headquartered in Bonn, Germany, is a leading player in the intermodal freight industry within the logistics sector. Established in 1969, DHL operates globally, providing efficient and reliable freight transportation solutions across various modes of transport, including road, rail, air, and sea. With a workforce of approximately 550,000 employees, DHL offers a comprehensive range of logistics services, including freight forwarding, supply chain management, express delivery, and e-commerce solutions. The company's extensive network and advanced technology enable seamless end-to-end delivery, ensuring the timely and secure movement of goods for businesses worldwide. DHL International GmbH generates an impressive annual revenue of 17.4 billion US dollars, solidifying its position as a key player in the intermodal freight industry.
#7 Kuehne + Nagel International AG
Employees: 82K
Revenue: 26B$
Website: https://home.kuehne-nagel.com
Description: Kuehne + Nagel International AG, headquartered in Schindellegi, Switzerland, is a prominent player in the intermodal freight industry. The company was founded in 1890 and has grown to employ approximately 82,000 individuals worldwide. With a revenue of around 26 billion dollars, Kuehne + Nagel operates as a global logistics provider, specializing in intermodal freight transportation. They offer a comprehensive range of services including air, sea, road, and rail freight, as well as contract logistics and supply chain management solutions. Kuehne + Nagel's extensive network and advanced technology enable them to efficiently handle the complex and diverse needs of their clients across various industries. With a commitment to sustainability, innovation, and customer satisfaction, Kuehne + Nagel continues to be a leading force in the intermodal freight sector.
#6 CMA CGM SA
Employees: 22K
Revenue: 30B$
Website: https://www.cmacgm-group.com/
Description: CMA CGM SA, headquartered in Marseille, France, is a leading player in the intermodal freight industry. Founded in 1978, the company has grown to become one of the largest container transportation and shipping companies globally. With a workforce of 22,000 employees, CMA CGM operates a vast network of logistics services, providing end-to-end solutions for customers in the transportation and supply chain sectors. The company's revenue stands at an impressive 30 billion US dollars, making it a major player in the industry. CMA CGM's expertise in intermodal freight enables it to offer efficient and reliable transportation solutions that connect various modes of transport, including sea, rail, and road, to ensure seamless delivery of goods for its customers.
#5 Deutsche Post AG
Employees: 550K
Revenue: 63B$
Website: https://www.deutschepost.de/
Description: Deutsche Post AG, headquartered in Bonn, Germany, is a leading player in the Intermodal Freight industry. With a workforce of approximately 550,000 employees, the company operates a vast logistics network that spans across Europe and the world. Founded in 1995, Deutsche Post AG offers a wide range of freight transportation services, including road, rail, air, and sea. The company's intermodal freight operations involve the use of multiple modes of transportation, such as trucks, trains, and ships, to efficiently move goods across different geographic regions. Deutsche Post AG's revenue in 2020 amounted to 63 billion US dollars, solidifying its position as one of the largest logistics providers globally.
#4 FedEx Corporation
Employees: 300K
Revenue: 69.7B$
Website: https://www.fedex.com
Description: FedEx Corporation, headquartered in Memphis, United States, is a leading player in the intermodal freight industry. Founded in 1971, the company has grown to employ approximately 300,000 individuals worldwide. With a revenue of 69.7 billion dollars, FedEx offers a wide range of logistics services, including transportation, e-commerce, and business services. The company operates a vast network of air, ground, and sea transportation to ensure efficient and timely delivery of goods. Through its advanced technology and innovative solutions, FedEx has established itself as a trusted name in the logistics industry, providing reliable shipping solutions to businesses and individuals globally.
#3 Alibaba Group Holding Ltd
Employees: 150K
Revenue: 72B$
Website: https://www.alibaba.com
Description: Alibaba Group Holding Ltd, headquartered in Hangzhou, China, is a leading player in the intermodal freight industry. Founded in 1999, Alibaba has grown to become a global e-commerce conglomerate, with a focus on logistics and supply chain management. With a workforce of approximately 150,000 employees, Alibaba operates an extensive network of logistics services that facilitate seamless transportation and delivery of goods across various modes of transport. The company's innovative technologies and platforms have revolutionized the logistics industry, enabling efficient tracking, warehousing, and last-mile delivery solutions. Alibaba's revenue stands at an impressive 72 billion US dollars, reflecting its dominant position in the intermodal freight sector.
#2 United Parcel Service Inc
Employees: 495K
Revenue: 84B$
Website: https://www.ups.com
Description: United Parcel Service Inc (UPS) is a leading logistics company operating in the Intermodal Freight industry. Headquartered in Sandy Springs, United States, UPS was founded in 1907. With a workforce of approximately 495,000 employees, UPS provides a wide range of services including package delivery, transportation, and supply chain management. The company's revenue reached 84 billion US dollars, making it one of the largest players in the logistics industry. UPS utilizes intermodal freight transportation to efficiently move goods across various modes of transportation, optimizing speed and cost-effectiveness for its customers. Through its extensive network and technological advancements, UPS continues to play a vital role in the global logistics landscape.
#1 Amazon
Employees: 1.3M
Revenue: 386.1B$
Website: https://www.amazon.com
Description: Amazon is a global leader in the logistics industry, specifically in the Intermodal Freight sector. Headquartered in Seattle, United States, Amazon operates an extensive network of intermodal freight transportation services. With a workforce of approximately 1.3 million employees, the company has established itself as a major player in the logistics industry. Amazon offers a wide range of innovative and efficient solutions for freight transportation, leveraging its advanced technology and vast resources. The company's success in the Intermodal Freight industry is evident in its impressive revenue of 386.1 billion dollars. Through its strategic partnerships and cutting-edge logistics infrastructure, Amazon continues to revolutionize the way goods are transported and delivered worldwide.
Summary
Intermodal freight is a sub-industry within the broader logistics sector that involves the transportation of goods using multiple modes such as trucks, trains, and ships. The top companies in this sub-industry have emerged as key players in the global supply chain, offering efficient and cost-effective transportation solutions.
One unexpected finding is the significant growth of intermodal freight companies in recent years. As e-commerce continues to expand and globalization intensifies, the demand for seamless transportation services has skyrocketed. The top companies in this sector have capitalized on this trend and have experienced remarkable success.
Among the premier companies in the intermodal freight sub-industry are XPO Logistics, JB Hunt Transport Services, and Schneider National. These companies have established themselves as industry leaders by providing comprehensive solutions that integrate various modes of transportation seamlessly.
One shared element driving the prosperity of these leading firms is their investment in advanced technology and infrastructure. By leveraging innovative tracking systems, automation, and state-of-the-art terminals, these companies have achieved unparalleled operational efficiency and customer satisfaction.
What sets these eminent companies apart from their industry rivals is their ability to offer end-to-end logistics solutions. They not only handle the transportation of goods but also provide warehousing, distribution, and supply chain management services. This holistic approach allows them to cater to the diverse needs of their clients and maintain a competitive edge.